Gen
Bikram Singh becoming the Chief of the Indian Army is the Crowning
Glory for his ( and your Blog Writer's ) alma mater- Punjab
Public School Nabha . PPS Nabha was the First Sainik School of India set
up in 1960 in the Palatial Royal Buildings of the erstwhile Maharaja -
Nabha

(With due humility and great pride we say that the Army Chief with your Blog Writer (seated )

( Your Blog Writer relishing one of his greatest moments of Pride. Standing behind him is Keshav Aggarwal )

BJP should understand that Bandhs affect adversely mainly Business men
and Daily Wagers. Bureaucracy gets another holiday. Rich Farmers are
not affected .

Instead , BJP should should direct its Coalition Partner ( Akali Dal ) to
reduce state VAT on Petrol which makes Petrol in Punjab the Costliest in
the entire country. ( Nearly Rs. 9 Per Liter costlier than in
neighboring Haryana )

Choongi ( Octroi ) on Urban Electricity Consumers and Commercial ( PENAL
) Electricity connection category for Urban business men in Punjab
should be immediately abolished

If Akali Dal does not agree BJP should resign from
the Ruling Coalition in Punjab .

Shares of PNB Finance ,Bharat Nidhi etc have seen a lot of action , both upwards and downwards , in the Delisted Markets in the last 18 months .These are Holding Companies of Bennett Coleman And Company Limited ( Times of India Group )

One important question is regarding the IPO of Bennett Coleman and likely benefits to the shareholders of Holding Companies like Bharat Nidhi , PNB Finance ,Camac. Not much has been heard about the IPO of Bennett Coleman And Co ( apart from the 8 : 1 Bonus Issue ).

Another Issue for these Investors is whether Media sector is a Sunrise Industry or a Sunset Industry.

Even today , Petrol costs around Rs. 37 to produce . Rest are all TAXES.

There are no Under Recoveries in Petrol . Rather there are OVER RECOVERIES in Petrol .In
Punjab Petrol is being sold nearly Rs. 8 Per Liter costlier than in then eighbouring state of Haryana although in both Punjab and Haryana Petrol is sourced from same set of refineries.

It is worse than the days of Gen.Dyer (1919 - Jallianwala Bagh ). In 2012 India , the Non Vote Bank Indian , the Aam Aadmi is not being killed by 303 Lee Enfield Bullets ( as in Colonial
Times ) but by Highly Discriminatory Petrol , Electricity and Toll Tax Levies

( In India Plazas Toll Dodgers are categorized at V I P s and those who pay as Aam Aadmi )

There are absolutely no Under Recoveries in Petrol . It costs Rs. 35 Per Liter. Rest are all Taxes.

By calling under recoveries in Petrol the Aam Aadmi ( the Middle Class ) is being mis guided.

Two points need to be considered here :-

Petrol Price has been Decontrolled while that of Diesel , Kerosene kept
regulated ( administered ) . So the burden massive subsidy for Diesel
etc is put on Petrol . Hence , in a misleading manner it is called UNDER
RECOVERY IN PETROL.

Actually it is OVER RECOVERY IN PETROL .

Indian OIL Corporation ( IOC ) is right when i t asks the Govt. to keep
even Petrol as an administered and Controlled petroleum product.

In Punjab Petrol costs around Rs. 75 Per Liter. Octroi ( Choongi ) is
continued to be levied in Urban areas despite the fact that Octroi has
been abolished in Punjab and to remove Octroi from Petrol was one of
the Poll promises of the presently Ruling Parties of Punjab

Petrol is used mainly by the Common Man ( Middle Class ). But Petrol is
made to cross subsidise Diesel which ks used by the Vote Banks.

Punjab
CM should cut down the heavy VAT ( state taxes ) on Petrol and increase
the negligible VAT on Diesel. He should not try to misguide Punjabi
consumers of Petrol by trying to put the blame on Centre. Petrol in
Punjab in nearly Rs.8 costlier than in the neighboring state of Haryana
. Petrol in both Punjab and Haryana is sourced from the same set of
refineries . So how can Mr. Badal Sr. blame the Centre.

Similarly
, Vote Bank politics in Electricity. Punjab Govt. is rushing through
the Municipal Elections before the budget . After Municipal elections
massive increase is in the pipeline for Paid Category ( Non Vote Bank
Segment ) to CROSS SUBSIDISE Free Category ( Vote Bank ) consumers of
electricity in Punjab. Electricity in neighboring state of Himachal
Pradesh is Rs. 3 Per Unit while for Urban Punjabi business men ( Penal -
Commercial rate ) it is Rs. 7 + Per Unit.
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Petrol Cars should be Exempted from Paying Toll Tax at Too Plazas.
Already
, such Petrol cars are paying nearly Rs. 40 ( in the total price of
Rs. 81 Per Liter in Punjab ) as TAXES and CROSS SUBSIDY ( for Diesel as
well ).
So , only Diesel Cars should pay Toll Tax.
Further , Physically Handicapped Car Travellers in Diesel cars also should be exempted.
(
India has strange logic. Here those who Dodge and Avoid Toll Tax at
Toll Plazas are called V I P s . Those who pay are called Aam Aadmi .
REAL V I P s are those WHO PAY )

We are sending the scanned copies of allotment letter and the CRB
Capital Bond no.7334 and Distinctive no. 00011505 and a copy of our
application dated 25/6/97 ,as talked to you over the phone, please
arrange to inform me about the present position in the approved list of
accepted or objected claims regarding the repayment of the above
mentioned bond.And the procedure as to how i can approach the
disbursement committee for the purpose.Your kind response will make me
feel highly obliged.